- manufacturing & trading: mainly fire-fighting related products
- property, construction & engineering
- renewable energy
Despite higher net profit, Fitters revenue for 1HFY13 drops slightly due to significant lower contribution (RM90.8mil in 1H12 to RM47.8mil in 1H13) from its renewable energy segment as the work was suspended to give way to upgrade & expansion work.
It is worth to mention that Fitters is also a specialist in theme park design and construction. It is involved in almost all recent famous theme parks in Malaysia & Singapore and some others in the Middle East, China & Russia. The notable ones include Legoland, First World, Puteri Harbour, Kidzania, Resort World Sentosa, Universal Studios Singapore etc. However, this type of job is hard to come by and Fitters does not have such job currently.
If I'm not mistaken, Zeta DeSkye is just receiving booking and the SPA is not signed yet. So it won't contribute much to Fitters Q3 or even Q4FY13 financial results.
The 50-acre land in Rawang may come to rescue though.